RBI seeks ways to make digital currency payments easy as cashThe RBI has also opened a sandbox for startups to test multiple CBDC use cases. As of now, daily transactions linger in the range of tens o...
RBI plans to widen use of wholesale digital currencyThe Reserve Bank of India is planning to introduce wholesale a central bank digital currency (CBDC) in the call money market, an official t...
How will RBI's CBDC Digital Rupee work, how is it different from digital money?RBI is all set to commence the pilot project of India's very own digital currency —Digital Rupee — for the wholesale segment from November ...
What's the status of Central Bank Digital Currencies globallyFor more such web stories click on the ET icon below
WhatsApp India head Abhijit Bose quits; RBI picks five banks for retail CBDC pilotMeta India has been hit by fresh top-level exits, days after the tech giant said it would sack about 11,000 employees worldwide. Abhijit Bo...
Crypto week at a glance: Volatile week for Bitcoin; Ethereum loses sheenXRP witnessed a mega rally due to the positive news around the ripple lawsuit and jumped by 30 per cent during the week. The third consecut...
CBDC to be implemented in phased manner for wholesale, retail segments: RBI officialNew Delhi, Jul 20 (PTI) The Reserve Bank of India is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased ma...
UPI to stay on top; BNPL, digi currency to drive digital payments growth in next 5 years: ReportRetail online transaction platform UPI will likely continue to dominate the digital payments space in the country even as newer methods suc...
Top cryptocurrency prices today: Bitcoin, Terra, Ethereum zoom up to 6%; Shiba Inu flatThe global cryptocurrency market cap today jumped to the $1.80 trillion mark, adding almost 2 per cent in the last 24 hours. Total cryptocu...
The state of CBDCsThis week the International Monetary Fund (IMF) released a report outlining six case studies of central bank digital currencies (CBDCs).
Budget 2022 reinstills hope in crypto community, CoinDCX, WazirX, CoinSwitch Kuber CEOs call taxation on digital assets a step forwardThe crypto community sees the decision as a step in the right direction.
Crypto bill unlikely this Budget session, hints Finance MinisterCrypto bill has not been included for the Budget session 2022. That said, Lok Sabha on Wednesday organised a lecture on understanding crypt...
Crypto tax conundrum continues but new sign-ups surgeCrypto investors in India are also trying to understand how tax will be applied in various real-world situations.
Peru's central bank joins global push to develop a digital currencyA digital currency issued by the central bank would be different from other cryptocurrencies such as bitcoin, because this currency would g...
Fed to release paper on central bank digital currency soon, Powell saysPowell said on Wednesday that no decision has been made and that the priority is for the U.S. payments system to remain "stable and trustwo...
Will CBDCs help ease cross-border payments?At a basic technical level, interoperability between separate CBDC systems may be possible through adherence to commonly agreed internation...
Is India ready for digital rupee?While both Central Bank Digital Currencies or CBDC and cryptocurrencies work on the DLT technology, the goals are different. CBDC could be ...